Recommended Posts

Wow, 5 years... Imagine how many times you could get in and out with 100% profits in almost every solar stock for this period... Solars is a commodity business, and as every commodity business it is cyclical - supply & demand rules the show. You should have invested in FB in 2012 at 18 usd/share :-)

I dunno. I seem to do the opposite when I fiddle. Case in point. Sold FSLR today at 64.25, 65.29, and last half at 67.39. who knows if we so those levels again. Plus, all the time wasted fiddling.

Share this post

Link to post

Share on other sites

So CSIQ isn't Chinese enough to warrant the JKS treatment and they're not American enough to warrant FSLR treatment. Which I guess does actually make them Canadian afterall and this is the Canuck treatment. Can't you rally some troops, Robert? .

I know, I know. When they get the sales complete and in the bank. I guess.

Share this post

Link to post

Share on other sites

So CSIQ isn't Chinese enough to warrant the JKS treatment and they're not American enough to warrant FSLR treatment. Which I guess does actually make them Canadian afterall and this is the Canuck treatment. Can't you rally some troops, Robert? .

I know, I know. When they get the sales complete and in the bank. I guess.

Share this post

Link to post

Share on other sites

So CSIQ isn't Chinese enough to warrant the JKS treatment and they're not American enough to warrant FSLR treatment. Which I guess does actually make them Canadian afterall and this is the Canuck treatment. Can't you rally some troops, Robert? .

I know, I know. When they get the sales complete and in the bank. I guess.

Last year, new Installed Solar PV capacity grew by 50%. If this growth was to remain stable, by 2030 the world would have a total of 23,800 GW of Solar PV Capacity and Solar would likely be the leading source of energy production.

Do you think such a revolution is possible or should I lay of the grass??

Honestly, as a technology, I'm disgusted by my fellow programmers that get excited by bitcoin. The first moment I heard about it & the fact that one must "mine" coins.. I immediately thought. What a waste of energy that is. I imagined all this technology secretly powered by coal. A lot of friends made a lot of money. One friend, already rich from Google, made even more on bitcoin. Not a single care about the cost of it all. Worthless crap I call it. Just put it on a server & be done with it. (which is basically what has happened anyways. Bitcoin can't keep up with the transaction speed, so coinbase does a lot of the processing before it makes large transactions on the blockchain)

Share on other sites

I have distinctive feeling watching tape CSIQ could become market's new JASO.

I think the market is simply conserving cash & will buy in later in the quarter -- after new tax bill & ITC conclusion.

Also I think this is why events like "solar wall" cause bull runs. Because most people know which stock they want & are monitoring it. If something causes shares to spike for any reason, those watchers jump in.

Edited December 8, 2017 by sunnypease

Share this post

Link to post

Share on other sites

Honestly, as a technology, I'm disgusted by my fellow programmers that get excited by bitcoin. The first moment I heard about it & the fact that one must "mine" coins.. I immediately thought. What a waste of energy that is. I imagined all this technology secretly powered by coal. A lot of friends made a lot of money. One friend, already rich from Google, made even more on bitcoin. Not a single care about the cost of it all. Worthless crap I call it. Just put it on a server & be done with it. (which is basically what has happened anyways. Bitcoin can't keep up with the transaction speed, so coinbase does a lot of the processing before it makes large transactions on the blockchain)

Yep. What you said. I have a buddy gloating about his $50 that's now worth $1,200 or whatever and I keep telling him to take half off the table, but noooooo. I'm sick to death of hearing about bitcoin.

Link to post

Share on other sites

There seems to be no interest in csiq. Accumulations perhaps. All interests are in dq, jks and fslr. Csiq and jaso are moved to second tier?

I'll say this. I had been thinking there was accumulation going on for quite some time. And I still think there may be. If they ever manage to put together a clear conference call with a balance sheet that makes sense and debt gets reduced, there are enough tutes in this to make this FSLR move look like a small bounce. I guess at this point we need Qu to deliver clarity and reduced debt. The talk of buying Suniva, frankly worries me a little bit. Maybe that and BEAT is cause for pause. Dunno.

Share this post

Link to post

Share on other sites

I'll say this. I had been thinking there was accumulation going on for quite some time. And I still think there may be. If they ever manage to put together a clear conference call with a balance sheet that makes sense and debt gets reduced, there are enough tutes in this to make this FSLR move look like a small bounce. I guess at this point we need Qu to deliver clarity and reduced debt. The talk of buying Suniva, frankly worries me a little bit. Maybe that and BEAT is cause for pause. Dunno.

Since M. Potter (former CFO) left the company, Canadian's presentation became a joke... with hardly understandable mumbling presentations...

2

Share this post

Link to post

Share on other sites

Yep. What you said. I have a buddy gloating about his $50 that's now worth $1,200 or whatever and I keep telling him to take half off the table, but noooooo. I'm sick to death of hearing about bitcoin.

What if bitcoin were actually a programatic ponzi scheme? Designed to read out numbers that it's going up up up. What if it's just one big AI algorithm designed to bilk everybody's cash and into the hands of the 14 year old mastermind programmer that put it all together. OK, probably not... but it IS possible.

1

Share this post

Link to post

Share on other sites

I have distinctive feeling watching tape CSIQ could become market's new JASO.

One beautiful morning (hopefully this month) there will be a Press release about sale of 750 MW of CSIQ's US projects, which automatically means that at least 1.03 $/share will be realized in Q4/2017... And then we will see real movement of this stock. It can't be otherwise...

Share this post

Link to post

Share on other sites

One beautiful morning (hopefully this month) there will be a Press release about sale of 750 MW of CSIQ's US projects, which automatically means that at least 1.03 $/share will be realized in Q4/2017... And then we will see real movement of this stock. It can't be otherwise...

Those events are expected, a stock moves14 cents because $1.8B in sales are not certain this Q but maybe in Q1, but another moves $3 plus because they said they are optimistic with 2018? I have seen CSIQ sell-off on the biggest quarterly EPS in its history. Today even SPWR moved higher. CSIQ is avoided.

We could be looking at the most confused set of people, but every single stock came back from tax equity scare, but CSIQ. Go figure.

Share this post

Link to post

Share on other sites

Since M. Potter (former CFO) left the company, Canadian's presentation became a joke... with hardly understandable mumbling presentations...

Those presentations are a killer. I consider Qu as a savvy, owning an excellent foresight CEO, however with stubbornly persisting, borderline with simpleton refusal to practice and learn English. If you insist on presenting, hire a teacher, practice speech, and grammar. I get the accent, but mumbling, stumbling, and ridiculous pronunciation is a big negative to people who need clarity. Q3 was awful, a song of stuttering mixed with annoying negativity about polysilicon, in time when you could potentially hide the negatives due to plant sales.

Otherwise, bring a couple of young executives, Like Roy from Japan or guy from Europe, to do the talking. They know the business too. Not everything needs to be said by Qu, better perhaps if it was told by someone else. He is the man behind the moves, we all get it. Yes, Potter had the clarity and understood the value of it. Perhaps the next step is to make decisions to enable next set of execs to deliver the show. I hope they learn from our complaining to at least review the situation. I may not even listen to the next cc, I was too frustrated last time.

Share this post

Link to post

Share on other sites

Those events are expected, a stock moves14 cents because $1.8B in sales are not certain this Q but maybe in Q1, but another moves $3 plus because they said they are optimistic with 2018? I have seen CSIQ sell-off on the biggest quarterly EPS in its history. Today even SPWR moved higher. CSIQ is avoided.

We could be looking at the most confused set of people, but every single stock came back from tax equity scare, but CSIQ. Go figure.

I think it is because majority of individual investors “kids” or “mamas & papas” don’t even trying to understand the business and read the numbers. They simply look at Yahoo finance data, which is not even correct, and see EPS 0.36/share and PE ratio (TTM) 48… and they think no no no, Benjamin Graham teaches us that PE must be 16… this horse we have to avoid… ;-)

But, I am convinced, once book value will reach 24-26/share level, inevitably share price will be in the range of 26-30 usd…

Share this post

Link to post

Share on other sites

I think it is because majority of individual investors “kids” or “mamas & papas” don’t even trying to understand the business and read the numbers. They simply look at Yahoo finance data, which is not even correct, and see EPS 0.36/share and PE ratio (TTM) 48… and they think no no no, Benjamin Graham teaches us that PE must be 16… this horse we have to avoid… ;-)

But, I am convinced, once book value will reach 24-26/share level, inevitably share price will be in the range of 26-30 usd…

I guess TTM for CSIQ is about 0.43 and $5 for JKS after Q3. By Q4 should turn into CSIQ 1.70 and JKS around 0.60. Let's hope so there is nothing else but this. PB for FSLR is currently 1.34 and for JKS 0.87. CSIQ is 1.02